Full text of G.17 Department Store Credit : February 7, 1963

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.•SIS&-

FEDERAL

RESERVE

statistical
LlBHAflY

.17
•

,

•#m£cr*
3^ V
February-7, 19^3

FEB 111963
V, r-srp.vs CAIIK
c.
DEHLRTMENT STORE\CffiSgJj

DBCiSMBZR 1962

Instalment accounts receivable of reporting department
stores rose"15 per cent in December and continued above their 1961 level. Charge accounts receivable increased seasonally .and were
slightly higher than in December. 1961. , Collections continued a
about the same rate as in November.
""
Cash and credit sales, rose seasonally in December. • Instalment sales were higher and change -sales somewhat lower than m December
1961.

- * - '

.

"

.Changes in Department Store Sales and Accounts Receivable^
Percentage increase orfrom:
.decrease
Year
Month
r a RO
* ago

Item

Sale's during month:
;
•

Total
. Cash . •
Charge
.. • ' .
Instalment

Accounts receivable,. end of month:

1
-2

.44
45

1
Charge•
Instalment

55
15

• 2
8

/"

Collection Ratios and- percentage Distribution of .Sales

Collection ratios l/:

46
• - .49
17- •* - -17

Charge accounts
Instalment accounts

Percentage distribution of.sales:

:

• Dec.
1961"

Dec. ; . Nov.
1962
1962.

Item

Cash
•Charge
Instalment

45
59
:16.

42
- " 41
' ' 17

"

48
16 '
• -45'.40. '
15

J/ Collections during month as' a percentage, of accounts receivable;

at beginning of month.




. >

•'

c

ft

G. 17
DEPARTMENT STORE CREDIT - DECEMBER 1962
Sales by Type

.'

.

Percentage increase or. decrease (-)

Boston
New "YorK
'Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis ^.
Kansas City
Dallas .
San Francisco .
:

Month
ago

Month
ago

Year
ago

62
42

^ v '-i: : ;•
: - 1
' :; ~

30
50
60
51
57
59
62
64
78

X

-13
0
5
^ 4
1
2
3
9

-

- Charge-account
sales
•Year
Month
ago
. ago-

Cash sales

Total sales

Federal
Reserve
"District

"

Year
ago

2 :
. 0
51
. 74
- 1
.. 36
- 3
47 •
- 1 '
]
3.6
- .1
57 .
-24
41
' -u .
" 1
. . 48
-- 2
59
o
49 \ :
5
73
•
.
.2 :
46 .
" 4
58
48
12
7l .
4% .
2 '
: 67
4
58 „ •
|
0
59
3 .'
77
.4 .
• 68
12
94

— — i
Accounts Receivable-, end of month
Percentage increase or decrease (-)
Federal
Reserve
District
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco




Charge'accounts
Year
Month
ago
ago- -

.

- - . o.
2
30 -. ,
.. 4
31 .
5
35
' ;2
29
30
*
740
' ^
2
16 .*
:'
38
.. -11
6
36 .
1
36
'
6
49

Instalment
Year
Month
ago
ago
9
8
1
8
14 .
5
9
11 ,
17 . ,
10 •
10 .
10
'
. 27 •
1 1 %
1
14:-:' •
- . 6 ,
13.
9
15
10. -

Insta Iment .
salies
Year
Month
agoago
0
58
:
6 *
40
. - 3
27
. . - 3
35
2 •
37
15
53
9
42
• 18
49.
-10
48
1
55
13
53
15 N
70 ~